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Title: FARE CHANGES AND PREPAID PASS PROGRAMS: HONOLULU'S EXPERIENCE
Accession Number: 00341807
Record Type: Component
Availability: Find a library where document is available Abstract: This paper documents Honolulu's efforts to establish a prepaid bus pass program at the time of a major fare increase. It also discusses the revenue-forecasting techniques used for estimating fiscal impact of change in fare structure. A comparison of the forecasted values with the results of the actual fare structure change is also presented. In FY 1980, the Honolulu bus system carried more than 60 million passengers and used about 300 buses. The system coverage is more than 95 percent of the island population of approximately 720,000. On November 1, 1979, the basic cash fare of $0.25 was increased to $0.50. At the same time, the sale of prepaid monthly bus passes was initiated with the basic cost of $15.00; this significantly reduced the impact of the fare increase on frequent riders. As a result, the system did not experience any noticeable reduction in patronage. The average monthly revenue of $850,000 for FY 1979 has increased to a current level of $1.5 million. The system's major objective of increasing revenue was successfully accomplished without significant economic impact to the system riders. This was accomplished through the combination of fare increase and the initiation of discount prepaid passes. (Author)
Supplemental Notes: Publication of this paper sponsored by Committee on Public Transportation Planning and Development. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.
Monograph Title: Monograph Accession #: 01411612
Authors: Fujita, AkiraHamayasu, ToruHo, PeterMagaldi, JosephPagination: pp 32-38
Publication Date: 1981
Serial: Conference:
60th Annual Meeting of the Transportation Research Board
Location:
Washington District of Columbia, United States ISBN: 030903213X
Media Type: Print
Features: Figures
(1)
; References
(5)
; Tables
(4)
TRT Terms: Uncontrolled Terms: Geographic Terms: Old TRIS Terms: Subject Areas: Economics; Finance; Highways; Motor Carriers; Planning and Forecasting; Public Transportation; I72: Traffic and Transport Planning
Files: TRIS, TRB
Created Date: Dec 22 1981 12:00AM
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